Video

ANZ chief "ultimately accountable" for bank's failures1:41

Supplied footage obtained Friday, October 12, 2018, of ANZ bank chief executive Shayne Elliot speaking at a parliamentary inquiry in Canberra. Mr Elliot acknowledges ANZ has engaged in "misconduct" and says it is "completely unacceptable" that the bank has caused harm to its customers. "As CEO since 2016 I am ultimately accountable for this," Mr Elliot says. "In the past ANZ has not focused sufficiently on formally holding executives to account.. direct and documented links between specific failures and consequences have been limited and insufficient."(AAP Video/Supplied/ParlView)(AAP Video/Supplied/XXXX) NO ARCHIVING, EDITORIAL USE ONLY